4//SEC Filing
VITESSE SEMICONDUCTOR CORP 4
Accession 0001104659-15-031823
CIK 0000880446operating
Filed
Apr 28, 8:00 PM ET
Accepted
Apr 29, 8:42 PM ET
Size
9.6 KB
Accession
0001104659-15-031823
Insider Transaction Report
Form 4
Jarvis Scot B
Director
Transactions
- Disposition to Issuer
Restricted Stock Unit
2015-04-28$5.28/sh−16,500$87,120→ 0 total→ Common Stock (16,500 underlying) - Disposition from Tender
Common Stock
2015-04-27$5.28/sh−98,088$517,905→ 0 total - Disposition to Issuer
Restricted Stock Unit
2015-04-28$5.28/sh−11,695$61,750→ 0 total→ Common Stock (11,695 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Vitesse Semiconductor Corporation common stock.
- [F2]In connection with the Agreement and Plan of Merger, dated March 17, 2015, by and among Vitesse Semiconductor Corporation, Microsemi Corporation and LLIU100 Acquisition Corp. (the "Merger Agreement"), the Compensation Committee of the Company's Board of Directors accelerated the vesting of these restricted stock units in full, and the restricted stock units were cancelled in the merger in exchange for a cash amount equal to the number of shares underlying the restricted stock units multiplied by the per share merger consideration of $5.28.
Documents
Issuer
VITESSE SEMICONDUCTOR CORP
CIK 0000880446
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000880446
Filing Metadata
- Form type
- 4
- Filed
- Apr 28, 8:00 PM ET
- Accepted
- Apr 29, 8:42 PM ET
- Size
- 9.6 KB